In recent years, wildfires have been spreading across countries, causing extensive damage to communities and resulting in harmful environmental impacts. Additionally, logistics has been severely affected, with 75% of the global supply chain being altered by wildfires and El Niño phenomena.
Expedited transportation services have brought new heights in logistics, bringing relief to everyone. Their focus is on speed and time
You must know what an LTL freight contract includes to practice business logistics better and save money. Knowing contract elements,
If you operate in the oil and gas industry, you might know and understand the importance of timely delivery. You
Learn about the air freight journey, from initial quote to final delivery. Including required documentation, clearance procedures, and more
Drayage serves as a short-distance transportation mode for goods, typically trucks, and is often associated with ports, rails, or warehouses.
The transportation system plays a massive and complex role in agricultural production. United States agricultural movements represent 30% of all ton-miles on transportation modes, including highways, waterways, and railroads.
Packaging accounts for over $150 billion in annual spending for manufacturers and shippers. It also contributes to 75% of greenhouse gas emissions from the supply chain. However, to alleviate environmental risks, many companies are investing in re-shoring factories, “just-incase” inventories, and qualifying alternative suppliers to build flexibility.
The industry is also projected to grow at a CAGR of 5.6% between 2024 and 2032. North America is the top country with growth in this sector, primarily due to having major market players such as Deere & Company, AGCO Corporation, and Kubota Corporation.
Transportation and the supply chain industry witnessed unprecedented challenges in 2023. From market shifts and bankruptcies to labor unrest and global trade partnerships, the year was marked by events that shaped the industry in more ways than one.
The global supply chain witnessed a tumultuous year in 2023, with significant changes across all modes of transportation. From inflation and labor issues to strategic cargo theft and environmental initiatives, the industry faced a complex landscape. For the outlook of 2024, understanding these key trends is paramount for navigating the future of logistics.
The housing market has been a crucial economic indicator for reflecting the nation’s financial health and influencing various sectors. Over the years, housing starts, or new residential constructions, have experienced fluctuations, from the booming 1960s to the 2008 recession.
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